Additional Savings Plans

Employees have access to voluntary retirement savings plans to support their financial future. 

View the Voluntary Benefits Programs page for additional savings opportunities

Savings Plus

Savings Plus is California’s voluntary retirement savings program, offered through CalHR and administered by Nationwide, designed to help CSU employees build additional retirement income on top of their CalPERS pension. 

Part-Time, Seasonal, Temporary (PST) Retirement Plan is a mandatory retirement plan for non-CalPERS eligible employees. The plan is Administered by the California Department of Human Resources (CalHR), under the Savings Plus Program (457).

Program Highlights

• Both accept contributions through payroll deduction.
  • Separate IRS limits: Annual limits apply independently to each plan, giving you more room to save.
  • Check the current IRS Contribution Limits
• Flexible Investing: Access a broad range of diversified, low‑fee investment options and choose the approach that fits your style; Do It Myself, Help Me Do It, or Do It for Me.
• Open Eligibility: Most CSU employees eligible for CalPERS can participate, including part‑time, FERP participants or rehired annuitants.

Fidelity - 403b

The CSU’s 403(b) Supplemental Retirement Plan (SRP) is a voluntary program that allows eligible CSU employees to save toward retirement by contributing to tax-deferred investments.

• Eligible employee​s may have their contributions automatically deducted from
  their paycheck.
• You can contribute a portion of your compensation as pre-tax elective deferrals or
  after-tax Roth contributions.
• Eligible employees can defer a minimum of $15 a month. Maximum Retirement
  plan annual IRS contribution limits | Fidelity NetBenefits
• Complementary Fidelity Retirement Planner Consultations, a Brokerage Link,
  and a Portfolio Advisory Services are some of the Program features.

More details could be found on CSYOU SRP Program Page